AlixPartners, a business-advisory firm, announced the appointment of John D. Finnerty, Ph.D., as a managing director in the firm’s Economics-Consulting Practice.

Finnerty, a veteran economics expert with extensive experience in the financial services industry, specializes in valuing businesses, securities and derivative instruments; solvency analysis; and calculating economic damages. He has provided litigation support and expert testimony in a broad range of matters involving securities fraud, solvency, employee raiding, breach of contract, breach of fiduciary duty, and commercial disputes.

Most recently, Finnerty was managing principal at Finnerty Economic Consulting and served as a professor of finance at Fordham University’s Graduate School of Business Administration, where he was also founding director of a master’s program in quantitative finance. Previously, he was a managing principal at Analysis Group Inc. and a partner in PricewaterhouseCoopers’ dispute-analysis and investigations-securities litigation practice.

Harvey Kelly, co-lead of AlixPartners’ global Financial Advisory Services unit, said, “AlixPartners is expanding its footprint in economics consulting at a time when the use of economic and quantitative methods has become an increasingly important means by which companies can address the critical business and legal challenges they face, including in complex situations stemming from the securitization of mortgages and other asset-backed products. Dr. Finnerty will be an instrumental part of our growing presence, globally, in the economics space. His credentials and experience are second to none.”